Frasers Group Plc news and archive

Hugo Boss expects business recovery only in 2027

Shareholders of fashion group Hugo Boss will need to remain patient as the company continues to navigate a challenging market environment. After feeling the impact of weak consumer sentiment in recent months, Hugo Boss has signaled that 2026 will serve as a transition year, with significant adjustments planned across its assortment and...

Member

Business|Updated

Hugo Boss defends supervisory chair after Frasers Group pulls backing

The chairman of the supervisory board at Hugo Boss has lost the backing of the fashion group’s largest shareholder, Frasers Group, intensifying tensions at the top of the German luxury apparel company. In a mandatory announcement published late Friday, Frasers Group said it no longer supports Stephan Sturm in his role as supervisory board chair....

Member

Business

Frasers Group raises Hugo Boss stake, now controls over 25 percent of voting rights

British retail group Frasers Group Plc has further increased its stake in Hugo Boss AG. It now directly holds over 25 percent of the voting rights. The parent company of the retail chains Sports Direct, Frasers and Flannels crossed the 20 percent threshold on June 12. The company crossed the 25 percent threshold of voting rights from shares in...